Times are bad, and because of the recession I have been struggling to find work for my company. I thought this was the best time to actually give my business idea a good shot.
I decided to look for some help for my idea online so went on and Googled “Entrepreneur support in London”. https://www.venturegiants.com came up. I found a brilliant web site focused on finding investors for entrepreneurs – a unique platform where investors and entrepreneurs meet, entrepreneurs pitch with details of their business or business idea, investment required, return and other details like time required to break even, projections, industry etc and the facility to upload a video explaining the idea.
I immediately signed up and uploaded details of my investment proposal requirements – not giving away to many details, but enough to entice an investor further that I knew will do amazingly well. I uploaded cash projections, investment required and other details that I thought were important to attract investors.
My proposal was then set to awaiting review, and within 24 hours, a gentleman called Tim Lancaster contacted me with changes he suggested would be appropriate. I was a little surprised, as I had not sent any fees as yet, yet someone had offered me some advice on improvements I should make on my proposal - all of which I have used elsewhere as well!
I accepted the changes, and I was notified that my proposal had been approved, and sent out to investors that were interested in my industry and region. All good.
A couple of days later, I got my first enquiry from an Investor and paid my £99.00 fee to retrieve those details! Very exciting!
I received another two investor contacts since then. Though I have not raised the necessary investment capital from these two investors, I have met three very valuable contacts that are very experienced in their business fields and are interested in my company and may later invest in the second round of funding.
My proposal is still live for another 5 months so I am still v. hopeful that my business proposal will attract further investors and hopefully the necessary investment that I am seeking. Not bad for only £99.00. I am very impressed Venture Giants, thank you for all your help and support.
Arjun Sandhu, MD, Modulus Systems, Knightsbridge,
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